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Europe Daily Bulletin No. 10426

26 July 2011
Contents Publication in full By article 17 / 26
GENERAL NEWS / (ae) eu/state aid

25/07/2011 (Agence Europe) - Green light for capital injection for Caja de Ahorros del Mediterraneo. On Monday 25 July, the European Commission approved a €2.8 billion capital injection and €3 billion liquidity facility for Caja de Ahorros del Mediterraneo (CAM), provided under the Spanish Fondo de Restructuración Ordenada Bancaria (FROB, Spain's Fund for Orderly Bank Restructuring). The fund will temporarily take over management of the running of the bank in preparation for its sale to...